CORBION Stock Bearish Momentum With A 10% Fall So Far On Monday

(VIANEWS) – Shares of CORBION (AEX-Index: CRBN.AS) dropped by a staggering 10.03% to €21.70 at 14:08 EST on Monday, after five sequential sessions in a row of losses. AEX-Index is dropping 0.13% to €755.65, after five sequential sessions in a row of losses. This seems, at the moment, a somewhat bearish trend exchanging session today.

CORBION’s last close was €24.12, 36.12% below its 52-week high of €37.76.

About CORBION

Corbion N.V. provides lactic acid and lactic acid derivatives, emulsifiers, functional enzyme blends, minerals, vitamins, and algae ingredients in the Netherlands, the United States, Latin America, Asia, rest of North America, and rest of Europe, the Middle East, and Africa. The company offers ingredient solutions made from renewable resources for the food, home and personal care, animal nutrition, pharmaceutical, medical device, and bioplastics markets It markets its products through a network of sales offices and distributors. The company was formerly known as CSM N.V. and changed its name to Corbion N.V. in October 2013. Corbion N.V. was founded in 1919 and is headquartered in Amsterdam, the Netherlands.

Earnings Per Share

As for profitability, CORBION has a trailing twelve months EPS of €1.49.

PE Ratio

CORBION has a trailing twelve months price to earnings ratio of 14.56. Meaning, the purchaser of the share is investing €14.56 for every euro of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 15.26%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 38.8%, now sitting on 1.46B for the twelve trailing months.

More news about CORBION (CRBN.AS).

Leave a Reply

Your email address will not be published. Required fields are marked *